If two forecasting methods are applied to the same data set, the method that yields the larger root-mean-square error (RMSE) is better.

Name: If two forecasting methods are applied to the same data set, the method that yields the larger root-mean-square error (RMSE) is better.
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Quizplus · Accepted Answer

A smaller root-mean-square error (RMSE) indicates a better fit to the data, meaning the forecasting method with the smaller RMSE is generally considered better as it suggests less deviation from the observed values.

If Two Forecasting Methods Are Applied to the Same Data